Orbital Energy Group Investment Highlights

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geraqvnab

Business Finance

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Please provide the investment highlights of Orbital Energy Group. The template is attached. Thank you!

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Investment Highlights: There are numerous unique characteristics to Broadwind, Inc., including the following: *Strong Financial Performance during Pandemic: Broadwind, Inc. has a stable revenue growth driven by wind tower demand. Total revenue has increased 18.4% y/y to $54.6 million in 3rd quarter of 2020, and growth in heavy fabrications offset declines in gearing and industrial solutions. TTM adjusted EBITDA increased $5.8 million year over year to $9.5 million. Total tower sections sold also increased 30% year over year in the 3rd quarter, and plant capacity nearly booked for 2020, 25% booked for 2021. In addition, the company’s total free cash flow has reached $7.3 million in the 3 rd quarter, driven by working capital improvements. The company has also reduced outstanding borrowings, while improving liquidity position. Outstanding LOC borrowings of $7.6 million as of 9/30/2020 is the lowest level since 2017, and there is $21.8 million in cash and availability on LOC when exiting Q3 of 2020. *Clear Competitive Advantage in Wind Sector: Wind is a more competitive power generation source. The levelized cost of wind energy has declined 70% from $140/MWh in 2009 to $41/MWh in 2019. Wind sector takes up over 70% of the company’s total revenue and the company is actively responding to customer’s feedback on pursuing offshore opportunity and continuous demand from C&I buyers. Onshore ramp occurring and offshore ramp accelerating in 2023 to 2025. In fact, there are 13 states with more than 1 GW under construction or advance development, and offshore wind installations represent more than half of all new capacity additions by 2025. *Strategic Shift on Positive Outlook: Broadwind has placed its strategic focus on the sectors with positive outlooks like wind sector, industrial sector, and power generation sector, while reducing its investment in the sectors with negative outlooks like mining sector or oil & gas sector.
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Running head: INVESTMENT HIGHLIGHTS OF BROADWIND INC

Investment Highlights of Broadwind Inc.
Student's Name
Institutional Affiliation

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INVESTMENTS HIGHLIGHTS OF BROADWIND INC

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Investment Decisions for Broadwind Inc.
Broadwind Inc. has in the previous year's made tremendous growth in its capital because
of its investment decisions. The company generates revenue through the demand for wind towers
by its customers. The revenue generated is reliable and is estimated to have increased during
2020 by 18.4% to $54.6 million. The company is estimated to increase its EBITDA by $5.8
million; this increase progressed over the years to $9.5 million. The tower selling also generated
revenue for the company and increased to 30% in the 3rd quarter. The company made
improvements on its working capital and raised it to $7.3 million in t...


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